Your innovation process.
Your engaged employees.
Across departments.
Managed with live KPIs.
In-house cross-department innovation has never been so easy. Operate your own dedicated ecosystem, make your organisation future ready through collaboration.
HOW IT WORKS
Changing the game in three steps!
In-house innovation often lacks processes and engagement. The task to find project leaders, build a support network and assess project progress is still done manually, unreliable and not scalable. To help you out, we invented an ecosystem that will change the way you manage your innovation culture entirely!
Because collaboration is the new employee engagement and reward system!
Whether your own initiatives, those of your employees or even industry wide initiatives – Xchange is ready for being your innovation operating system. Give everyone access to your own innovation navigation template as the starting point. Have them document their initiative’s status quo. When they reach certain KPIs, invite them automatically to your program and budget.
We have built a template navigation system for your unique innovation process. Have initiators easily know where they are at, what they need to do next and where they need support. It is OKR based but sees every initiative as an evolving process. At the end you have fully documented projects, ready to fly. Have data and KPIs support your whole program.
Your internal network ensures pre-validation of every crucial part of your initiates. We have build a contribution value based system, that allows for a fair exchange of services for virtual shares. Think of employee bonus programs based on contribution. Make sure that your initiatives have KPIs in place that your management loves.
WHAT YOU GET
Navigate your organisation using your Innovation Operating System
- Use our customizable templates to have initiators navigate through all elements of their idea and stages of their project
- Stay on top of their progress using OKR logic and established project management techniques
- Have a KPI dashboard for each initiative and your whole program
- Everything is documented, stay on top of the journey and prove value (yes, especially failures have value) to potential partners, investors or management
- Use OKR documentation to know where support is needed
- Match automatically to your internal or external network
Get more out of your employees’ engagement
Stop worrying about innovation – unleash the creative potential of your organisation through collaboration!
- Benefit from the creative initiatives of your employees
- Build in-house startups and connect them to the world
- Measure community collaboration using the market value of the contributions (i.e. hourly rate or project price)
- Convert the market value of the contribution to virtual shares – instead of paying cash. Your employees can take part in risk and success.
- Even have outside collaborators validate every detail of your in-house projects.
Virtual Shares to distribute benefits
Virtual shares means that you allow employees to virtually participate in profits or exit value – and failure – like a real shareholder.
How?
First: You reserve a certain percentage of shares of your initiative for your employees – the collaboration fund.
Second: You invite your employees to support the initiative. Every contribution has a market value – and is like cash input in your fund.
Third: When the initiative is successful, your initiative will have a valuation. Based on that, each employee receives his amount of virtual shares and later returns. You could regard it as an employee shareholder program or benefit system – but virtual.
Xchange has your back: The Virtual Shares of the platform are created by our FinTech and LegalTech experts to be legally binding. We will ensure together with your lawyers that those terms fit your corporation.
Science and Magic
Collaboration is as old as humankind – we used it to survive back then hunting mammoth. It is engrained as a human principle in our DNA. We should use it again – based on Novel-prize winning science.
We now incorporate it as a base principle for the next big thing: The Collaboration Economy. Startup, Innovation, Cross-Corporate projects will all function much better if collaboration is curated. It is based on an easy principle: You contribute – you receive part
Web3 is systemic change. of the final value achieved.
We truly believe, that we are part of the solution for the world challenges. The impact of our venture is to use Web3 technology to connect human assets. More worldly: We create the next version of a system of how we create together.
